The minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello has announced plan to soon begin to issue Certificates Of Occupancy (C Of O) to the rightful owners of landed properties in the capital territory.
The minister, who spoke when he received a delegation of the Real Estate Development Association of Nigeria (REDAN) led by its National President, Surveyor Ugochukwu Chime in his office, reiterated that the issuance of the C Of O will validate title on the properties, saying that the document would be made available for all landed properties in the Federal Capital Territory, irrespective of the size.
“Properties anywhere in Abuja would be certificated, whether they are just on one-off plot, in estates or high-rise buildings. Wherever they are, we have realized that it’s very important for every person to have a title document for his or her building or land.
“This is something that we are working on and we feel very encouraged that a reputable group like REDAN is also advocating the same thing.”
Muhammad Bello said that it is the duty of the FCT Administration to ensure that owners of properties in Abuja derive to the fullest, maximum benefits, including obtaining credit facilities from financial institutions the way it is done all over the World.
The Minister called on REDAN to come forward with further ideas that can help in fine-tuning this policy, adding that present leadership in the FCT is committed to rendering quality and effective services to the public. [myad]
